China’s tilapia farmers are gloomy about the outlook for prices, which are down by more than 15 percent compared to March 2014 as processing plants reopen after the Chinese New Year holiday. A mild winter and a surge in production in inland regions is blamed for pulling down farm gate prices.

Farm gate prices are however down to CNY 4.3/500g (USD 0.68; EUR 0.64  per 500 grams) since December and some way below the average prices paid for tilapia at this time last year. Tilapia processing…